Prohibited conduct

Not allowed

Exploiting simulated execution. Strategies that only work because of how a simulated environment fills and executes orders, and would not work against a real market. That includes stops filling at prices a real market would have gapped through.

Latency and arbitrage schemes. Trading off a faster feed, or against pricing differences that exist only inside the platform. Trading on an external or delayed data feed rather than the platform's own is the same thing from the other direction.

Filling outside the market. Orders placed away from the best bid or offer, where the fill depends on the simulator rather than on a price anyone could have traded.

Microscalping. Ordinary scalping is fine. What is not is taking profit in volume from trades that last a moment, because that works against simulated fills, not against the market.

Hedging. Holding opposing positions, one long and one short, on the same instrument. This applies whether both sit in one account or are spread across several of yours. One side always wins, which takes a payout from variance rather than from trading.

Correlated products. The same applies to products that move together, not only to identical symbols. Long ES against short MES or NQ is a hedge, and a mini held against a micro counts. Positions are monitored across every account you hold.

Spoofing and disruptive practices. Entering bids or offers with the intention of cancelling them before they fill, whether to create the appearance of depth, to overload the quote system, or to delay somebody else's execution.

High frequency and mass order entry. Order rates or volumes aimed at the platform rather than at the market, including high frequency techniques and mass data entry that load the system or exploit how quickly it responds.

Automated strategies you do not own. Run your own and you are welcome to. Purchased bots, third party systems, and subscribed signal services are not allowed, and we may ask you to show that the strategy is yours.

VPNs and proxies. Your account has to be used from where you actually are. VPNs, proxy services, and anything else that masks your location will suspend an account.

Group order coordination. Multiple traders coordinating entries to guarantee that one account profits whatever the market does. Trading your own accounts together is fine and is covered in copy trading.

Account sharing. Someone else trading your account, or one person operating accounts registered to others. The person who verified their identity has to be the person trading.

Abusing our own errors. If a pricing or platform fault appears and you trade it deliberately instead of reporting it, those trades will be reversed.

Gambling-style position sizing. Risk wildly out of proportion to the rest of your trading, taken to clear a target in one or two trades. Sizing is yours to decide, and there is no rule against a big trade; what is not allowed is an approach that only works as a coin flip against the account.

Anything else that games the platform rather than trades the market. No list covers every method, and this line exists for the ones nobody has thought of yet.

What happens if a rule is broken

Breaking any of the above may result in account closure and removal from Lumen Futures. You will be told which rule applied and which trades triggered it.